When Hume and Adam Smith prophesied that a little increase...

When Hume and Adam Smith prophesied that a little increase of national debt beyond the then amount of it, would probably occasion bankruptcy; the main cause of their error was the natural one, of not being able to see the vast increase of productive power to which the nation would subsequently obtain.

Thomas Malthus Quote About Errors, Debt, Littles: When Hume And Adam Smith...

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